-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Spend money in Illinois without oversight who the hell are you trying to fool.
Chicago believes its a good idea to construct Brandonvilles. The stupidity abounds.
Money would be best spent on returning the invaders to their home countries … AFTER the border is sealed to invaders.
Government cares little for homeless citizens. Their plan is to ingratiate the invaders into a free-stuff army and give them the vote.
Black and brown citizens don’t count anymore – you’ll be outnumbered by compliant invaders, MS-13 members, fentanyl smugglers, etc.
Voting has consequences.
We have homeless on the street in Chicago but we’re spending millions to house illegal asylum fraudsters — thank the IL Democrat Party for this clusterf**k.